Elk Terri White 4

What Happened

• Elk Terri White, a director of Envirotech Vehicles, Inc. (EVTV), was granted a derivative award covering 50,000 shares on 2026-05-22. The reported acquisition price is $0.00, giving a reported total value of $0 at grant. Per the filing footnote, the option vested and became exercisable immediately upon grant.
• This was an award of derivative securities (an option-type grant), not an open-market purchase or sale. It is not a cash sale; rather, White received an award that she can now exercise.

Key Details

• Transaction date: 2026-05-22; Form 4 filed: 2026-05-27.
• Instrument/amount: Derivative award for 50,000 shares; reported price $0.00; reported total value $0.
• Vesting: The option vested and became exercisable upon grant (footnote).
• Shares owned after transaction: Not specified in the provided filing summary.
• Filing timeliness: Form 4 was filed five days after the transaction (appears late vs. the usual 2-business-day filing requirement).

Context

• This filing reports an awarded/vested option-like derivative. That means White received the right to acquire 50,000 shares (and can exercise those rights now that they vested), but the filing does not show an exercise or any sale of underlying shares.
• Awards and vested options are common compensation tools for directors and do not by themselves indicate buying or selling sentiment. Retail investors should treat this as insider compensation information unless there is a subsequent exercise or sale reported.